Working in the food services sector can pose several risks. For restaurant owners, it’s crucial to evaluate the different requirements of your business before choosing the right insurance coverages. Here are five insurance protections that every restaurant owner should include in their food service insurance plans to assist you in making an informed decision.

Commercial General Liability

Each restaurant owner must get covered under general commercial liability (CGL) insurance. Public liability insurance protects you from common complaints by patrons, including accidents resulting from slip and fall in your restaurant or within and food poisoning.

Insurance for Business Interruption

As a restaurant’s owner As a restaurant owner, you must be safe in the situation of a sudden disaster. In a disaster, business interruption insurance, also known as business income insurance, as get commonly described, will help you accomplish this. Instead of incurring a financial loss as a result of a natural catastrophe, business interruption insurance will cover the loss of income resulting from a whole or partial shutdown due to an insured property loss, as well as any additional expenses required to get your business back up and running (e.g., for rent for a temporarily-occupied space). The majority of Commercial property insurance plans offer protection for loss of business income as an endorsement of the property insurance policy.

Coverage of Enhanced Wine Valuation

If you offer wine in your restaurant, you’ll need to think about getting an enhanced wine valuation insurance. This coverage safeguards your wine collection valued at high value from loss or theft. It covers the wine’s worth at the amount it could have sold in individual portions.

Food Contamination Coverage

Food inventory and equipment are the vitality of your company. Improper handling and storage of food items can cause a food-borne disease outbreak and claims by customers that are among the most significant risks faced in the food industry. It may even result in the government shutting down your restaurant following an inspection. With food contamination insurance, you’ll get protected from food-related loss. It typically covers losses of income, cleaning of equipment, and the cost of replacing food items due to contamination.

Non-Owned Auto Insurance

If you are a restaurant proprietor, you may depend upon your staff to drive their cars to deliver deliveries or conduct business-related routine errands. Your employees could engage in an automobile accident, and your company could be held liable for any claims that ensue. Your auto insurance gets not owned. The non-owned auto policy will protect your business if employees are involved in an accident while working in their automobiles. Suppose third-party attempts to sue you for damage to property or injuries resulting from the incident. In that case, it will protect your business from the event of a liability lawsuit.

If you own an eatery or run catering services, choosing the appropriate insurance policies to safeguard your business is crucial. With these five insurance policies, you’ll be well able to meet the requirements of your catering business with total peace of mind.

Contact us at Commercial Insurance Ottawa today for a quote on your commercial or business insurance at (613) 454-5640 or, or fill out the form below.